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Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May 31, its Cash account shows a debit balance of $17,025. Clayborn's May bank statement shows $15,800 on deposit in the bank. Determine the adjusted cash balance using the following information: 25 Deposit in transit Outstanding checks Bank service fees, not yet recorded by company A NSF check from a customer, not yet recorded by the compa The adjusted cash balance should be: Multiple Choice $16,400 $11,200 ctorio.com/secured lockdown Saved Chp 4.0 Help Submit Save & Exit ceipts on the day they are by check. At the close of hows a debit balance of t shows $15.800 on deposit in balance using the following 4375+68 $ 5,200 $ 4,600 $ 25 $ 600 corded by company not yet recorded by the company 2,72 MS Prey 29 of 50 Next > 11 in GLG MENU/L READER Multiple Choice O $16,400 $11.200 $21,000 $16,425 O O O $17,000